Amperion Adds Business Luminaries to its Board of Directors.ANDOVER, Mass. -- Amperion, Inc., the leading provider of broadband over power line (BPL See broadband over power lines. ) equipment, is pleased to announce its new board of directors effective immediately. Veteran board members Philip Hunt, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amperion, and John Kohler, former founding executive of Netscape, will be joined by the following new directors: --Ralph Linsalata, Senior Vice President, Corporate Planning & Development for Novell. Mr. Linsalata has significant management experience and has held executive level positions with Cambridge Technology Capital Fund, Hill Holiday and Weiss, Peck and Greer Venture Partners and General Electric's VC subsidiary. --William Melton- General Partner at GIV GIV Gasherbrum IV (26,000 ft. mountain near Pakistan-China) GIV Geological Information Visualization Venture Partners. He is also Chairman and Co-Founder of GIV Global Private Equity. For more than 25 years, Mr. Melton has been an entrepreneur building global technology companies. Mr. Melton was the original founder of VeriFone and an early investor in AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. . --Warren V. "Pete" Musser- Managing Director of The Musser Group and Chairman Emeritus of Safeguard Scientifics. Mr. Musser has taken more than 50 companies public during his distinguished and successful career as an entrepreneur. Mr. Musser represents Telkonet, a strategic partner of Amperion. "It's important to have the right leadership and expertise at each stage of a company's life cycle," commented Philip Hunt, CEO of Amperion. "Our founding directors were tremendously beneficial to our early success, and we are grateful for the commitment and acumen they provided. As we approach a new phase of company maturity with plans for growth and market expansion, this new board will lend significant strategic guidance to our efforts. The members bring their knowledge, success and experience as well as their hindsight, because they are entrepreneurs that have actually been there in the trenches. It's going to be an exciting future at Amperion." Amperion recently announced it has raised over $10 million in a preferred equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. . Amperion's customer base includes 25 BPL networks passing more than 20,000 households in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and abroad. About Amperion Established in June 2001, Amperion develops networking hardware Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. and software that enables the delivery of high-speed broadband data over medium-voltage (MV) power lines. Amperion's headquarters are in Andover, Massachusetts with an international base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases" base air base, air station - a base for military aircraft army base - a large base of operations for an army in Manchester, England. The Amperion Connect product line is in full compliance with the FCC's report and order (R&O) for broadband over Power line equipment. Over the past three years, Amperion has established itself as the market leader in MV broadband solutions with product deployed on 5 continents across the globe. |
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